All Blacks articles – Page 8
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NewsBlacks suppliers help fend off Sports Direct
Blacks Leisure suppliers have been building stakes in the outdoor retailer in what has been seen as a defensive move to block any further bid approaches from Sports Direct founder Mike Ashley.
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AnalysisRetail IT investment: Back to the future
Retailers’ spending on information technology fell drastically during the global economic downturn, but there are signs that IT investment is on the rise once again. Liz Morrell reports
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NewsPentland builds stake in Blacks to block another Mike Ashley bid
Updated: Blacks Leisure confirmed today that Pentland Group has snapped up a 5.86% stake in the outdoor specialist.
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NewsSports Direct stake in Blacks diluted after fundraising approved
Mike Ashley’s Sports Direct has had its stake in Blacks Leisure diluted after the outdoor retailer’s £20m fundraising was approved this afternoon.
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NewsOFT to probe Sports Direct stake in Blacks
The Office of Fair Trading is investigating Sports Direct’s stake in Blacks Leisure which it won ownership of in a High Court claim last week.
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NewsSports Direct wins High Court battle over shares
Sports Direct has won a High Court claim over disputed shares in its rivals.
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NewsBlacks on stronger footing after fundraising
Blacks Leisure is confident that a forecast warm summer and completion of a £20m fundraising will put the business on a strong footing after a turbulent year.
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NewsBlacks moves forward with fundraising after a difficult year
Blacks Leisure is pressing ahead with a £20m fundraising as sales start to improve for the outdoor retailer after a year of major restructuring across the business.
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NewsMountain Warehouse to hike up expansion
Outdoor specialist Mountain Warehouse is gearing up for further expansion after reporting post-tax profits of £3.9m in the year to February 28, up 72% on last year.
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NewsNorth Face buys stake in Blacks
The North Face owner VF Corporation has bought a 5% stake in Blacks Leisure in a move that seems to be designed to block any future bid by rival Sports Direct.
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OpinionRetailers must do the right thing
Ethical retailing is not just about sourcing - it is a way of behaving, says Neil Gillis
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NewsProperty deals tempt H&M into out-of-town store growth drive
Swedish fashion giant H&M is pushing into out-of-town locations as it takes advantage of newly available space and attractive property deals for its continued UK expansion.
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NewsBlacks chiefs regain focus as Sports Direct backs off
Blacks Leisure’s management celebrated the end of “an unwelcome distraction” when rival Sports Direct decided not to proceed with a takeover attempt.
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News
Super Thursday retail updates bolster stocks
A round of strong results from retailers as diverse as Next and Kingfisher on ‘super Thursday’ last week helped lift some store stocks, but general retailers overall lagged the All-Share index and food shares were moribund.
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NewsSports Direct launches TV ads to cement sector leadership
Sportswear retailer makes TV ad debut to bolster its position and drive global profit ambitions.
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NewsSports Direct pulls out of Blacks bid over supplier concerns
Sports Direct has said it will not bid for Blacks Leisure over uncertainties surrounding suppliers reactions if its bid was successful.
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NewsSports Direct considers upping offer on Blacks
Blacks Leisure has confirmed it received a letter from Sports Direct last week indicating that it would consider upping its offer for the outdoor chain.
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NewsSports Direct given ‘put up or shut up’ deadline on Blacks
Sports Direct has been given a “put up or shut up” deadline by the Takeover Panel over its interest in Blacks Leisure.
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NewsBlacks rejects Sports Direct bid
Blacks Leisure has rejected a takeover offer from Mike Ashley’s Sports Direct as “wholly inadequate”.
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NewsBlacks suppliers threaten boycott if Sports Direct takes control
Suppliers to Blacks Leisure have threatened to boycott the outdoor chain if Mike Ashley’s Sports Direct successfully bids for the business.